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Payment Gateway
Payment Gateway refers
to an e-commerce service
that authorizes payments for
e-businesses & online
retailers. It in a way
represents a physical POS
(Point-of-sale) terminal
located in most retail
outlets. Payment gateways
encrypt sensitive
information, such as credit
card numbers, to ensure that
information passes securely
between the customer and the
merchant.
Types of Payment Gateways
The Payment Gateway is
needed to be acquired by the
owner of the site and the
integration of the same in
to the web site is performed
by us. There exist various
types of Payment Gateways,
some of which are mentioned
below & since it requires
varying amount of effort in
integrating; so cost for
integration of each Payment
Gateway varies accordingly,
starting from the minimum
amount of Rs 5000/-
Why is Payment Gateway
needed?Payment Gateway
holds the essence of any
ecommerce site. One cannot
think of making or receiving
on-line payments without a
Payment Gateway. Payment
Gateway basically refers to
an e-commerce service that
authorizes payments for
e-businesses & online
retailers. It in a way
represents a physical POS
(Point-of-sale) terminal
located in most retail
outlets. Payment gateways
encrypt sensitive
information, such as credit
card numbers, to ensure that
information passes securely
between the customer and the
merchant. |